Charleston, lacking time, money, drops Tall Ships festival

CHARLESTON, S.C. (AP) — There will be no Tall Ships Charleston festival this year.

The Post and Courier of Charleston reported organizers ran out of time and money.

This year’s event had been planned in May.

Tall Ships America executive director Bert Rogers said organizers were unable to get enough money in time to attract enough ships. Rogers says it costs between $25,000 and $50,000 per ship for a three-day harbor event like Tall Ships Charleston.